Tax cuts for millions set to be unveiled as part of Kwasi Kwarteng's mini-budget next week
That move has been criticised for saving top earners some £1,800, while those on the lowest incomes would get about £7 back a year.
The Prime Minister has already said she wants to stop the corporation tax rise planned by the Johnson government, and her people have spoken to industry about changing business rates and cutting VAT.Sources have also said Mr Kwarteng is considering getting rid of the cap of bankers' bonuses, with City bosses complaining about EU-wide rules limiting them to twice an employee's salary.
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Mini-budget cutting tax for millions to be announced next week as Kwarteng mulls binning bankers' bonus capTax cuts for millions set to be unveiled as part of Kwasi Kwarteng's mini-budget next week
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